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• Archive: The Lopez Trend indicator tracks the market trend with an unmatched reliability, by ignoring sudden fluctuations and market noise.
• It has been designed to trend-trade intraday charts and small timeframes.
• Its winning ratio is around 85%.Amazingly easy to tradeFind oversold/overbought situationsEnjoy noise-free trading at all timesAvoid being whipsawed in intraday chartsThe indicator analyzes its own quality and performanceIt includes a multi-symbol and multi-timeframe scannerThe scanner scans all the instruments in the Market WatchIt implements a multi-timeframe dashboardThe indicator is suited to trade low timeframes, because it ignores sudden price spikes or corrections, by reducing market noise around a mean price.The indicator needs no optimization at allIt implements a multi-timeframe dashboardIt implements email/sound/push alertsThe indicator is non-repainting and non-backpaintingThis indicator implements a trend-following orientation suitable for small timeframes that can permeate into very long trends in higher timeframes, amplifying your winnings.Anatomy of the indicatorThe Pz Lopez Trend indicator displays a colored line surrounded by a price band.
• The colored line is the mean price of the security, and the price band represents the overbought/oversold levels.
• If the mean price is blue you should be looking for long trades when the market is not overbought, and if the mean price is red, you should be looking for short trades when the market is not oversold.A trend change in the indicator is not a signal to trade right away and close opposite trades!